If Shakespeare had written about contemporary corporate strategy rather than medieval dynastic politics, the phrase “How sharper than a serpent’s tooth it is to have a thankless subsidiary!” might have gone down in history. The newly filed lawsuit by the…
Pre-school education bonds are interesting experiment
Minnesota may soon join Utah in using “social bonds” to fund early childhood education. Such bonds use money raised in private capital markets, as with building a new power plant or high school, to fund education or social programs. The…
Fallacies to watch for in the new political season
Donald Trump will be inaugurated in a matter of days after having campaigned for big changes in key economic policies. A new Congress is already in session and legislatures are gearing up in all states. Economic arguments will be in…
The roads to prosperity are paved with choices
A newly elected Congress and state legislatures will begin work soon. Party leaders are announcing priorities. At both the state and federal levels, transportation infrastructure is billed as a high priority. This is welcome because for years we have been…